Why tendering in Hungary?
Hungarian public procurement
In 2024, there were 16 441 public procurement contracts signed, with a total value of EUR 9,229 billion. The number of successful public procurement procedures decreased by 4.7 percent compared to the same data of the previous year, however, the value of procedures and contracts increased significantly, by 27.7-28.7 percent. Nearly 40 percent of the contracts were linked to procurement procedures within the national threshold and 60 percent of them being an EU procedure and higher value.
The role of the SMEs sector is still significant in public procurement, in 2024, SME winners were involved in 77% of public procurement contracts. Since 2021, the number of single-bid public procurement contracts in both the EU and national procedures has been showing a continuous downward trend with 6.8 percentage points lower in 2024, while the ratio of their value was almost 10 percentage points lower than a year earlier. The average number of offers per public procurement contract in 2024 was 3.2, which is slightly higher than the average of the last 5 years (3.1) which indicates a great opportunity for newcomers on the market.
